Nigerian Breweries to pay N28.4b dividend

Nigerian Breweries to pay N28.4b dividend

The board of directors of Nigerian Breweries (NB) Plc has approved the distribution of N28.4 billion to shareholders as cash dividend for the 2016 business. The gross dividend however represented 25 per cent reduction in cash dividend, following the same contraction in the net profit of the brewing giant. NB, Nigeria’s second largest quoted company […]

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Source: Nigerian Breweries to pay N28.4b dividend

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